Good points benj. Right now, after this current deal has been finalised, I'd rather auction off sdv, throw in Cattlin and James Bay and return all proceeds to the sh. I'm not keen to go through another build of a processing plant in argentina, have cost over-runs, time delays etc. and to find it forever ramping up to cash flow positive status. Of course this would mean the board would lose their jobs and apart from M Rowley the rest don't hold any significant quantity of shares or options so I'm not too sure this option is top of the agenda. A t/o might be the best result as it forces the boards hand. 20c+ would likely secure it. Surely sqm, fmc and roc are running the ruler over gxy, purely for sdv? It's small change for them and they have the nous and money to make it pay off. With the tesla gigafactory in the usa, a huge brine deposit in south america can't be a bad thing.
GXY Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
